Productivity gains showing up in services
Law firms go global: taking Texas talent to a worldwide market
Women at work: a progress report
Throughout history, much of women?s work has taken place in the home rather than in the marketplace. Recent generations of women, however, have been more likely to work in the formal economy, particularly in the United States and other developed countries.
America's trade deficit: the latest false alarm
Fed intervention: managing moral hazard in financial crises
At the end of September 2008, U.S. policymakers had been working for more than a year to contain the shock waves from plunging home prices and the subsequent financial market turmoil. For the Federal Reserve, the crisis has given new meaning to the adage that extraordinary times call for extraordinary measures. The central bank has dusted off Depression-era powers and rewritten old rules to address serious risks to the global financial system.
China and India: two paths to economic power
The two Asian giants have achieved rapid and sustained growth -- China by focusing on goods, India by tilting toward services.
The new paradigm